earnings
confidence high
sentiment positive
materiality 0.85
CooperCompanies Q3 EPS $2.24 GAAP, $1.15 non-GAAP; completes strategic review, buyback to $3B
COOPER COMPANIES, INC.
- Revenue $1.066B, +1% YoY; GAAP EPS $2.24 (incl. $307.2M tax benefit), non-GAAP EPS $1.15 (+4%).
- Free cash flow $273M, +66% YoY; repurchased $339.1M of stock in Q3.
- Strategic review complete: Board unanimously retains CooperSurgical; buyback authorization raised from $2B to $3B.
- FY2026 guidance: revenue $4.229-4.252B, non-GAAP EPS $4.51-4.55; Q4 revenue $1.057-1.080B, non-GAAP EPS $1.05-1.09.
- CooperVision revenue flat at $717M; CooperSurgical revenue $349.2M, +2% (organic +3%).